# 3 bedroom terraced house for sale (M43 6JJ) ## Property Details | Key | Value | |-----|-------| | Address | Edge Lane, Droylsden, M43 6JJ | | Price | £210,000 | | Bedrooms | 3 | | Bathrooms | 1 | | Council tax | A | ## Description **Potential. Potential. Potential. **Calling all investors and visionaries, this is the kind of opportunity that doesn’t come around often. Whether you’re a buy-to-let landlord, Airbnb host, or a property moderniser looking for your next project, this spacious three-bedroom home offers the perfect blank canvas to bring your ideas to life.** **With two reception rooms, three bedrooms, gas central heating and double glazing already in place, the foundations are set. Add in off-road parking and a private garden and you unlock even more hidden value, features that widen the appeal for future tenants, guests, or buyers.** **Located in the ever-popular area of Droylsden, the property is close to local shops, schools and excellent transport links including the Manchester Metrolink, offering direct access to the Co-op Live Arena, Manchester City Centre and the Etihad Stadium.** **Take a look at the space, see the potential, and start building your next successful project.** **Call today to arrange your viewing, opportunities like this don’t wait.  ## Property Photos - ![20260304_152149.jpg](/listings/photos/172936004/85003) - 20260304_152149.jpg - ![1000052438.jpg](/listings/photos/172936004/85004) - 1000052438.jpg - ![1000052434.jpg](/listings/photos/172936004/85005) - 1000052434.jpg - ![20260304_151910.jpg](/listings/photos/172936004/85006) - 20260304_151910.jpg - ![1000052436.jpg](/listings/photos/172936004/85007) - 1000052436.jpg - ![1000052433.jpg](/listings/photos/172936004/85008) - 1000052433.jpg - ![1000052445.jpg](/listings/photos/172936004/85009) - 1000052445.jpg - ![1000052435.jpg](/listings/photos/172936004/85010) - 1000052435.jpg - ![1000052454.jpg](/listings/photos/172936004/85011) - 1000052454.jpg - ![1000052453.jpg](/listings/photos/172936004/85012) - 1000052453.jpg - ![1000052450.jpg](/listings/photos/172936004/85013) - 1000052450.jpg - ![1000052448.jpg](/listings/photos/172936004/85014) - 1000052448.jpg - ![20260304_151711.jpg](/listings/photos/172936004/85015) - 20260304_151711.jpg - ![20260305_104025.jpg](/listings/photos/172936004/85016) - 20260305_104025.jpg ## Floorplans - ![364EdgeLane-High.png](/listings/photos/172936004/85017) - 364EdgeLane-High.png ## Sold Comparables *Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.* | Address | Price | Date | Type | |---------|-------|------|------| | 54 LYNWOOD GROVE, AUDENSHAW, MANCHESTER, TAMESIDE, GREATER MANCHESTER, M34 5TE | £300,000 | 25/07/2025 | Terraced | | 57 KERSHAW LANE, AUDENSHAW, MANCHESTER, TAMESIDE, GREATER MANCHESTER, M34 5GS | £181,450 | 25/08/2023 | Terraced | | 92 DROYLSDEN ROAD, AUDENSHAW, MANCHESTER, TAMESIDE, GREATER MANCHESTER, M34 5SW | £155,000 | 22/11/2022 | Terraced | | 158 DROYLSDEN ROAD, AUDENSHAW, MANCHESTER, TAMESIDE, GREATER MANCHESTER, M34 5QU | £250,000 | 11/11/2022 | Terraced | | 55 DROYLSDEN ROAD, AUDENSHAW, MANCHESTER, TAMESIDE, GREATER MANCHESTER, M34 5SP | £172,500 | 15/07/2022 | Terraced | | 19 WILLOW FOLD, DROYLSDEN, MANCHESTER, TAMESIDE, GREATER MANCHESTER, M43 7BY | £245,000 | 11/04/2022 | Terraced | | 1 WILLOW FOLD, DROYLSDEN, MANCHESTER, TAMESIDE, GREATER MANCHESTER, M43 7BY | £236,000 | 28/02/2022 | Terraced | | 120 LUMB LANE, AUDENSHAW, MANCHESTER, TAMESIDE, GREATER MANCHESTER, M34 5RU | £170,000 | 13/01/2022 | Terraced | | [Same street] 428 EDGE LANE, DROYLSDEN, MANCHESTER, TAMESIDE, GREATER MANCHESTER, M43 6JJ | £125,000 | 16/12/2021 | Terraced | | 106 DROYLSDEN ROAD, AUDENSHAW, MANCHESTER, TAMESIDE, GREATER MANCHESTER, M34 5SN | £110,000 | 09/12/2021 | Terraced | | 50 DROYLSDEN ROAD, AUDENSHAW, MANCHESTER, TAMESIDE, GREATER MANCHESTER, M34 5SW | £185,000 | 24/09/2021 | Terraced | | 81 DROYLSDEN ROAD, AUDENSHAW, MANCHESTER, TAMESIDE, GREATER MANCHESTER, M34 5SP | £159,500 | 30/07/2021 | Terraced | **Street average:** £125,000 (1 sale) **Area average:** £196,768 (11 sales) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £202,696 (28 Terraced, M43, 2024–2026) - **Deviation:** +3.6% ## Rental Range *ONS Price Index of Private Rents (Tameside). Low / Realistic / Optimistic = conservative / average / best case.* - **Low:** £828/mo - **Realistic:** £920/mo - **Optimistic:** £1,012/mo ## LHA (Local Housing Allowance) *VOA 30th percentile rent floor for Richmond & Hambleton (Apr 2025 – Mar 2026).* - **LHA floor (this property size):** £648/mo ## Rental Comparables *Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.* | Title | Rent | Beds | Distance | As seen on | |------|------|------|------|------| | 3 Bed Semi-Detached House, Repton Avenue, M43 | £1,295/mo | 3 | 1.43 miles | OpenRent | | 3 Bed Semi-Detached House, Manchester, M11 | £1,200/mo | 3 | 1.78 miles | OpenRent | **Average rent: £1,248/mo (2 listings)** ## 1% Rule - **Rent ratio:** 0.59% (weak for cashflow) - **Max investor price (0.8%):** £156,000 - **Target investor price (1%):** £124,800 *Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.* ## Rent-driven metrics *Based on OpenRent comparables (median £1,248/mo).* - **Gross yield:** 7.1% - **Cost-to-rent:** 14× - **Monthly cashflow:** £271/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term) - **Cash-on-cash ROI:** 5.3% *Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).* ## Capital growth trend *Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.* - **5y growth:** 21.8% - **10y growth:** 61% ## House Price Index (HM Land Registry) *Official index for Tameside; Terraced series; as of March 2026.* - **1y growth (index):** 3% - **5y growth (index):** 30.7% - **10y growth (index):** 86.7% ## Flood risk - **Zone:** 1 - **Risk:** Low - **Source:** Job (default Low) [Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)